The housing in Schaumburg, IL 60193 is quite desirable with the median value sitting at $286,000. This is significantly lower than the US median housing value of $338,100. On top of this, Schaumburg has seen a 1 year house appreciation of 9.73%, which is higher than the US average appreciation rate of 8.27%. These indicators show that housing in Schaumburg is a great investment and it should continue to appreciate as time passes.
The median home cost in Schaumburg (zip 60193) is $286,000. Home appreciation the last 10 years has been 63.3%. Home Appreciation in Schaumburg (zip 60193) is up 12.6%.
Average Age of Homes
- The median age of Schaumburg (zip 60193) real estate is 41 years old
The Rental Market in Schaumburg (zip 60193)
- Renters make up 23.1% of the Schaumburg (zip 60193) population
- 0.8% of houses and apartments in Schaumburg (zip 60193), are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.